How Much Did PTO Pick Andrei Iancu Pull In at Irell?
According to his financial disclosure form, the IP litigator will take a multimillion-dollar pay cut if confirmed as President Donald Trump's nominee to head the U.S. Patent and Trademark Office.
September 26, 2017 at 01:04 PM
4 minute read
Irell & Manella's Andrei Iancu will be taking a multimillion-dollar pay cut if he's confirmed as President Donald Trump's nominee to head the U.S. Patent and Trademark Office.
According to a financial disclosure form made public last week, Iancu was pulling in roughly $4 million a year from his partnership during 2016-17. That places him just above Irell's average profits per partner of about $2.985 million in 2016, as reported by The American Lawyer. Irell is one of the most profitable law firms in the country.
Iancu holds a diversified portfolio of investments, many of which he has pledged to divest within 90 days of confirmation. One stands out as having a direct tie to Iancu's legal work—a stake of $250,000 to $500,000 in Juno Therapeutics. Iancu helped defend Juno from an attack at the Patent Trial and Appeal Board on one of its cancer treatment patents. Iancu also has represented Juno in its suits against Kite Pharma Inc. in district court, though his name is absent from a new complaint filed earlier this month.
NOT FOR REPRINT
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
You Might Like
View AllMaine Musician Sues Roblox, Game Developer for Alleged Misuse of 'Maple Leaf Rag'
4 minute readDesmarais Team Wins Nearly $45M Award for IBM in Patent Dispute With Zynga Games
4 minute readCopyright Complaint Says Miley Cyrus Hit 'Flowers' Derived From Bruno Mars Song
5 minute readLevi Strauss Alleges Japanese FullCount Co. Infringing on Iconic Trademarks
4 minute readTrending Stories
- 1'I'm Staying Everything': Texas Bankruptcy Judge Halts Talc Trials Against J&J
- 2What We Know About the Kentucky Judge Killed in His Chambers
- 3Ex-Prosecutor and Judge Fatally Shot During Attempted Arrest on Federal Corruption Charges
- 4Judge Blasts Authors' Lawyers in Key AI Suit, Says Case Doomed Without Upgraded Team
- 5Federal Judge Won't Stop Title IX Investigation Into Former GMU Law Professor
Who Got The Work
Burr & Forman partner Garry K. Grooms has entered an appearance for 4M Acquisitions and Wallace D. Tweden in a pending environmental lawsuit. The action, filed July 22 in Tennessee Middle District Court by the McKellar Law Group and Mark E. Martin LLC on behalf of Tennessee Riverkeeper, contends that the defendant's violated the Clean Water Act and Tennessee Water Quality Control Act by allowing for the discharge of pollutants into waters of the U.S. without obtaining a National Pollutant Discharge permit. The case, assigned to U.S. District Judge Aleta A. Trauger, is 3:24-cv-00886, Tennessee Riverkeeper, Inc. v. Tweden et al.
Who Got The Work
Ramsey M. Al-Salam, Gene W. Lee and Stevan R. Stark of Perkins Coie have entered appearances for R-Pac International in a pending patent infringement lawsuit. The case, filed Aug. 12 in New York Southern District Court by PinilisHalpern LLP and Friedman Suder & Cooke on behalf of Adasa Inc, asserts a single patent related to wireless sensors used for tagging products. The case, assigned to U.S. District Judge Alvin K. Hellerstein, is 1:24-cv-06102, Adasa Inc. v. R-Pac International LLC.
Who Got The Work
Walmart has tapped lawyer Nicole M. Wright of Zausmer PC to defend a pending product liability lawsuit. The action was filed Aug. 12 in Michigan Eastern District Court by Wolfe Trial Lawyers on behalf of a plaintiff claiming burns from a defective propane tank. The case, assigned to U.S. District Judge Matthew F. Leitman, is 2:24-cv-12100, Hill v. Ferrellgas, Inc. et al.
Who Got The Work
Kevin Simpson and James Randall of Winston & Strawn have stepped in to represent Comcast in a pending consumer class action. The case, filed Aug. 11 in Georgia Northern District Court by Kaufman PA, contends that the defendant placed pre-recorded debt collection phone calls to the plaintiff in violation of the Telephone Consumer Protection Act. The case, assigned to U.S. District Judge J.P. Boulee, is 1:24-cv-03553, Pond v. Comcast Cable Communications LLC.
Who Got The Work
Potter Anderson & Corroon partners Christopher N. Kelly and Kevin R. Shannon have stepped in to represent cloud computing company Fastly and its top executives in a pending shareholder derivative lawsuit. The complaint, filed Aug. 23 in Delaware District Court by deLeeuw Law and Bragar Eagel & Squire on behalf of Mark Sweitzer, accuses the defendant of failing to disclose that revenue growth in 2023 was primarily driven by a 'consolidation trend' in which companies simplified operations by reducing the number of content delivery network vendors under management, thereby reducing competition and increasing the defendant's market share. The case, assigned to U.S. District Judge Gregory B. Williams, is 1:24-cv-00969, Sweitzer v. Nightingale et al.
Featured Firms
Law Offices of Gary Martin Hays & Associates, P.C.
(470) 294-1674
Law Offices of Mark E. Salomone
(857) 444-6468
Smith & Hassler
(713) 739-1250